OKX released the 22nd issue of PoR: the reserve ratio of 22 publicly listed cryptocurrencies exceeds 100%

ChainCatcher message, OKX has released the 22nd Proof of Reserves (PoR), with the reserve ratios of 22 publicly listed cryptocurrencies all exceeding 100%. Among them, the reserve ratios for BTC, ETH, USDT, and USDC are 105%, 101%, 105%, and 100% respectively, with a total value of $19,819,757,308.

It is reported that OKX is committed to enhancing the transparency of PoR to meet traditional financial audit standards, thereby continuously leading the industry in safety and transparency. OKX has consistently published PoR on a monthly basis, with reserve ratios exceeding 100% for 22 consecutive months, and the number of publicly listed cryptocurrencies increasing from 3 to 22. The PoR system has been continuously upgraded through technologies such as Merkle trees, comprehensive Merkle trees, and zk-STARK, achieving multiple milestones. Under the premise of protecting privacy, users can independently verify OKX's solvency at any time, which has been rated by blockchain expert Nic Carter as the highest level of PoR quality representative of mainstream exchanges.